Microsoft Co. (NASDAQ:MSFT) Stock Position Lifted by Addison Capital Co

Addison Capital Co boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,148 shares of the software giant’s stock after purchasing an additional 71 shares during the period. Microsoft comprises approximately 2.9% of Addison Capital Co’s holdings, making the stock its 8th largest holding. Addison Capital Co’s holdings in Microsoft were worth $7,228,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Geode Capital Management LLC boosted its position in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after acquiring an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Microsoft by 3.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant’s stock valued at $20,675,715,000 after acquiring an additional 1,823,579 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Microsoft by 1.2% in the 4th quarter. Fisher Asset Management LLC now owns 28,228,502 shares of the software giant’s stock worth $11,898,314,000 after buying an additional 324,052 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now owns 476,999 shares of the company’s stock, valued at $207,995,413.95. The trade was a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock worth $58,375,673 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $450.18 on Friday. The business’s fifty day moving average price is $402.37 and its 200-day moving average price is $413.88. The stock has a market capitalization of $3.35 trillion, a price-to-earnings ratio of 36.25, a PEG ratio of 2.21 and a beta of 0.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 EPS. On average, equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is 25.66%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent research reports. Citigroup upped their price target on Microsoft from $480.00 to $540.00 and gave the stock a “buy” rating in a research note on Thursday, May 15th. Royal Bank of Canada restated an “outperform” rating and issued a $525.00 price target on shares of Microsoft in a research note on Friday. Wedbush restated an “outperform” rating on shares of Microsoft in a research note on Wednesday. Westpark Capital restated a “hold” rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Piper Sandler restated an “overweight” rating on shares of Microsoft in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $513.13.

Microsoft Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.